Touch down
ActiveSummary
Touch down has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€150,708) and a net result of -€9,424. Equity has been shrinking by about 6.2% per year since 2019. Its solvency ranks better than 5% of 643 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-01-2014 Normal situation
- Registered office
- 27 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Promotion and organisation of arts and performing arts events NACE 90391
- Joint committees
- 302 Paritair Comité voor het hotelbedrijf
- 304 Paritair Comité voor het vermakelijkheidsbedrijf · annual accounts 30-09-2025
- Establishment unit
- 2.234.379.954 1745 Opwijk, since 15-01-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 30-12-2025
Board and ownership
- Touch downLiquidator
- Klaas DE COSTER50%annual accounts 30-09-2025
- Pieter TEMMERMAN50%annual accounts 30-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €24,411
- ▼ 71.2%
- Turnover
- ≈ €150,000
- estimated
- Loss
- €9,424
- Equity
- -€150,708
- ▼ 6.7%
- Total assets
- €53,003
- ▼ 31.0%
- Staff
- 0.5 FTE
- ▼ 50.0%
- Negative equity on 30-09-2025
Score breakdownraises riskCapped at 59: negative equityLoss of €9,424 (financial year 2025)Negative equity -€150,708lowers riskSize: 0.5 FTE, total assets €53,003Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 6% of them on solvency, 4% on liquidity, 7% on profitability and 34% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 11 filings
Every figure per financial year
The operating result for 2025 is a loss of €3,186, after a profit of €32,231 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 1 | 1 | - |
| full-time | 1 | 2 | 1 | 1 | - |
| part-time | 0 | - | - | - | - |
| in full-time equivalents | 1 | 2 | 1 | 1 | - |
| Average over the year, in full-time equivalents | 1 | 1.2 | 1.3 | 1 | 0.5 |
| On a permanent contract | 1 | 1 | 1 | 1 | - |
| Joined | - | 1 | 0 | - | 0 |
| Left | - | 0 | 1 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,118 | - | - | - |
| Depreciation and write-downs of the year | - | €47 | €373 | €373 | €326 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,085 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €23,547 | €65,312 | €85,029 | €51,723 | €26,563 | ▼ 48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €47 | €373 | €373 | €326 | ▼ 12.6% |
| Other operating charges640/8 | - | - | €399 | - | €512 | €403 | €708 | ▲ 75.9% |
| Non-recurring operating charges66A | - | - | €165,515 | - | - | - | - | - |
| Gross operating margin9900 | €47,712 | €101,572 | €110,312 | €51,931 | €66,580 | €84,729 | €24,411 | ▼ 71.2% |
| Operating profit (loss)9901 | -€4,113 | €74,270 | -€79,149 | -€13,428 | -€19,334 | €32,231 | -€3,186 | - |
| Financial income75/76B | - | - | €9 | €0 | - | €101 | - | - |
| Recurring financial income75 | €10 | €0 | €9 | €0 | - | €101 | - | - |
| Financial charges65/66B | - | - | €2,882 | €735 | €245 | €318 | €6,237 | ▲ 20× |
| Recurring financial charges65 | €4,391 | €4,342 | €2,882 | €735 | €245 | €318 | €6,237 | ▲ 20× |
| Profit (loss) for the period before taxes9903 | -€8,493 | €69,928 | -€82,022 | -€14,162 | -€19,579 | €32,014 | -€9,424 | - |
| Profit (loss) for the period9904 | -€8,493 | €69,928 | -€82,022 | -€14,162 | -€19,579 | €32,014 | -€9,424 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,493 | €69,928 | -€82,022 | -€14,162 | -€19,579 | €32,014 | -€9,424 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €219,630 | €285,100 | €142,986 | €84,118 | €76,712 | €76,799 | €53,003 | ▼ 31.0% |
| Fixed assets21/28 | €196,816 | €162,265 | €250 | €1,321 | €948 | €576 | €250 | ▼ 56.6% |
| Tangible fixed assets22/27 | €196,566 | €162,015 | €0 | €1,071 | €698 | €326 | - | - |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €1,071 | €698 | €326 | - | - |
| Other tangible fixed assets26 | - | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €22,814 | €122,835 | €142,736 | €82,797 | €75,764 | €76,224 | €52,753 | ▼ 30.8% |
| Amounts receivable within one year40/41 | €22,737 | €121,551 | €137,166 | €72,845 | €69,819 | €64,514 | €51,113 | ▼ 20.8% |
| Trade receivables40 | - | - | €125,207 | €41,321 | €51,794 | €46,490 | €26,721 | ▼ 42.5% |
| Other amounts receivable41 | - | - | €11,960 | €31,524 | €18,024 | €18,024 | €24,392 | ▲ 35.3% |
| Cash at bank and in hand54/58 | €77 | €995 | €5,570 | €8,608 | €5,945 | €11,349 | €1,640 | ▼ 85.6% |
| Deferred charges and accrued income490/1 | - | - | €0 | €1,343 | - | €360 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €219,630 | €285,100 | €142,986 | €84,118 | €76,712 | €76,799 | €53,003 | ▼ 31.0% |
| Equity10/15 | -€127,463 | -€57,535 | -€139,557 | -€153,719 | -€173,298 | -€141,284 | -€150,708 | ▼ 6.7% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | - | - | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | - | - | €6,200 | €18,600 | ▲ 200% |
| Uncalled capital101 | - | - | - | - | - | - | €12,400 | - |
| Reserves13 | €1 | €1 | €1 | €1 | €1 | €1 | €1 | = |
| Non-distributable reserves130/1 | - | - | €1 | €1 | €1 | €1 | €1 | = |
| Reserves not available under the articles1311 | - | - | €1 | €1 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | -€133,664 | -€63,736 | -€145,758 | -€159,921 | -€179,500 | -€147,486 | -€156,909 | ▼ 6.4% |
| Amounts payable17/49 | €347,093 | €342,635 | €282,543 | €237,837 | €250,010 | €218,084 | €203,711 | ▼ 6.6% |
| Amounts payable after more than one year17 | €305,600 | €302,800 | €234,672 | €185,025 | €77,525 | €77,525 | €77,525 | = |
| Financial debts170/4 | - | - | €234,672 | €185,025 | €77,525 | €77,525 | €77,525 | = |
| Amounts payable within one year42/48 | €41,493 | €39,835 | €47,871 | €52,813 | €172,486 | €140,559 | €126,186 | ▼ 10.2% |
| Trade debts44 | €13,808 | €6,716 | €17,475 | €11,898 | €21,841 | €23,770 | €18,559 | ▼ 21.9% |
| Suppliers440/4 | - | - | €17,475 | €11,898 | €21,841 | €23,770 | €18,559 | ▼ 21.9% |
| Taxes, remuneration and social security45 | - | - | €9,582 | €20,101 | €34,984 | €26,272 | €3,573 | ▼ 86.4% |
| Taxes450/3 | - | - | €2,002 | €8,071 | €5,398 | €6,207 | €3,573 | ▼ 42.4% |
| Remuneration and social security454/9 | - | - | €7,580 | €12,030 | €29,586 | €20,065 | - | - |
| Other amounts payable47/48 | - | - | €20,813 | €20,813 | €115,660 | €90,518 | €104,054 | ▲ 15.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,493 | €69,928 | -€82,022 | -€14,162 | -€19,579 | €32,014 | -€9,424 | - |
| + Depreciation and write-downs630 | - | - | - | €47 | €373 | €373 | €326 | ▼ 12.6% |
| Operating cash flow (approximation) | -€8,493 | €69,928 | -€82,022 | -€14,116 | -€19,206 | €32,387 | -€9,098 | - |
| Investment in fixed assets (approximation) | - | €34,551 | €162,015 | -€1,118 | €0 | €0 | €0 | - |
| Change in cash | - | €917 | €4,575 | €3,039 | -€2,664 | €5,405 | -€9,709 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as Touch down has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Touch down itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for Touch down. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00096544 | |
| 30-09-2024 | abbreviated format | 28-04-2025 | 2025-00077580 | |
| 30-09-2023 | abbreviated format | 30-04-2024 | 2024-00075931 | |
| 30-09-2022 | abbreviated format | 24-04-2023 | 2023-00063724 | |
| 30-09-2021 | micro format | 26-04-2022 | 2022-20008450 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12500331 | |
| 30-09-2019 | micro format | 04-05-2020 | 2020-10900174 | |
| 30-09-2018 | micro format | 15-05-2019 | 2019-13000422 | |
| 30-09-2017 | micro format | 30-04-2018 | 2018-11100203 | |
| 30-09-2016 | abbreviated format | 31-05-2017 | 2017-13600560 |
Board & ownership
Directors
Other functions 1
Owners and capital
Shareholders
2 ownersOwners 2
- Klaas DE COSTERnatural personSourceown accounts 30-09-202550%
- Pieter TEMMERMANnatural personSourceown accounts 30-09-202550%
Capital transactions
- 28-02-2024 Converted to unavailable equity · €6,200
- 28-02-2024 Converted to unavailable equity · €1.39
- 28-02-2024 Converted to uncalled contributions · €12,400
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Touch down |
|
| DE COSTER, Klaas |
|
| TEMMERMAN, Pieter |
|
Articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandeelhouders mogen kennis nemen van het register betreffende hun effecten, Artikel 9”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Volgestort bij uitgifte tenzij het bevoegde orgaan anders beslist, bestuursorgaan bepaalt vrij naargelang de behoeften en op door hem…”“Voorkeurrecht toe aan de eigenaar-pandgever, ten minste vijftien dagen te rekenen van de dag van de openstelling van de intekening”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, Het besluit van…”“Het bestuursorgaan heeft de bevoegdheid om mits naleving van de wettelijke bepalingen over te gaan tot uitkering uit de winst van het…”
Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Hernieuwbare termijn van drie jaar, controle van de vennootschap”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden, door beslissing van de algemene vergadering”
Articles of association, deed of 28-02-2024 (in Dutch)
Network & group
Companies at the same address
26 other companies- OMRANCO Establishment · since 2026 0763592908
- Guzun, Cristian (sole trader) Establishment · since 2026 1040036572
- TD&TO AUTO Registered office · since 2026 1034964363
- HANGAR 33 Registered office · since 2026 1034401367
- BELGIUM NUTS Registered office · since 2025 1032072872
- Pro Logistics Solutions Establishment · since 2025 1021516896
- Mares of Macha Finance Registered office · since 2024 1017423003
- Max Finance Registered office · since 2024 1017420132
- Easy Invest Registered office · since 2024 1015927520
- AKIBA Registered office · since 2024 0819839248
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
28-02
Gazette deed
Company renamed from FLIGHT 90 to Touch downResignations: TEMMERMAN, Pieter (director) and DE COSTER, Klaas (director) · Reappointments: TEMMERMAN, Pieter (director) and DE COSTER, Klaas (director) · Amendment of the articles14 points ▸
- General meeting, 13-02-2024
- Name change, Touch down
- Amendment of the articles, mentioned 4 times in the deed
- Legal-form conversion, “behouden, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch), mentioned 2 times in the deed
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “geldig voor eventuele toekomstige bijstortingen van het deel van het in het verleden geplaatste kapitaal dat nog niet werd gestort en geboekt op een eigen vermo…” (deed in Dutch)
- Director resignation, TEMMERMAN, Pieter (director)
- Director resignation, DE COSTER, Klaas (director)
- Director reappointment, TEMMERMAN, Pieter (director (not named in the articles))
- Director reappointment, DE COSTER, Klaas (director (not named in the articles))
- Registered office clause, “1745 Opwijk, Doortstraat 22 unit 25” (deed in Dutch)
- The act holds 2 more points.
17-10
Gazette deed
Registered office moved within OpwijkNew seat: Doorstraat 22 unit 25 - 1745 Opwijk · Previous seat: Millenniumstraat 9 - 1745 Opwijk2 points ▸
- General meeting, 15-09-2022
- Registered-office move, Doorstraat 22 unit 25 - 1745 Opwijk
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het organiseren van evenementen, feesten, fuiven, bijeenkomsten en manifestaties
- Het voorzien van alle mogelijke accommodaties en materiaal in verband met feesten, fuiven, en evenementen en dit in de meest brede betekenis van het woord
- Het uitoefenen van allerhande technische taken en het uitvoeren van allerhande materiële zaken bij het organiseren van evenementen, feesten en fuiven
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van roerend en onroerend patrimonium
- Het uitvoeren van een paardenhandel, autoverhuur en verkoop, tuinaanleg, verhuur van machines en verhuur van installaties van geluid en verlichting
- Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks belangen nemen in andere ondernemingen, groeperingen of organisaties
- Alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of die van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
- Functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23060B0253/00F003 | Flanders | 1.3 ha | 1 · 492 m² | 4.4 m |